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1341 Sycamore View Road, Memphis, TN 38134

12 Photos
 
$1,595,000
Active for Sale
 
Listing ID 11495323
Property Type Commercial
County Shelby
FEMA Flood Map fema.gov/portal
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New listing! Approximate 38,500 square foot office property, built in 1983, for sale. Property is located at the southwest intersection of Macon Cove and Sycamore View Road. Property is partially leased through July 31, 2025, and tenant has two 5-year renewal options. Lease is a modified gross, with tenant paying its share of taxes, insurance, and CAM over the 2020 base year. Landlord is responsible for structure and maintenance of HVAC, plumbing, electrical, and CAM. Estimated NOI is $266,000/year. Ground floor is vacant, offering a new owner an opportunity to lease for additional income. Parking is secure with private parking at the rear of building. Building is elevator served.
Listed By
Crye-Leike
Office: 901-758-5670
Listing data is deemed reliable but is NOT guaranteed accurate.
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